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Fannie Mae and Freddie Mac now appear to be here to stay. How exactly did that happen?

Oct 03, 2019By

When the federal government announced earlier this week that it would allow Fannie Mae and Freddie Mac to rebuild a portion of their capital reserves to a total of $45 billion combined as part of a plan to exit conservatorship, the message was clear: the GSEs are back and they’re not likely to go away any time soon. So, how exactly did we get here?